Application is the registration form performed on the website. Consumers willing to get a loan online should fill it in with the required information and submit to get matched with one of the direct lenders.
Credit checks as well as faxing of some papers may be required by some lenders to verify the information provided by the applicant in the registration form. Certain lenders may deny the applications from consumers with bad credit score.
Online loan applications are reviewed in real time (during business days). Most lenders approve applications quickly if there are no issues. Sometimes it may take longer to get approved for a loan online.
Being approved for a payday loan online you can get money transferred on your bank account on the next business day.